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<p>[QUOTE="Marshall, post: 812030, member: 21705"]I'm going to step back to the old days. S mint cents were scarce East of the Rockies and often carried a premium. This premium was from around 2 cents to 25 cents depending on the particular date. This was from the early 60s collector explosion. This information has not been updated by some who might be giving you advice.</p><p><br /></p><p>Now slabbing will cost about $25 so even common grade 1955-S cents just arent worth slabbing in common grades. Now when you find a coin whose price is expected to be higher because of High grade, rare date or valuable errors (remember not all errors add great value), then it will be valuable enough to consider slabbing.</p><p><br /></p><p>I second and third the advice on learning basic values from a redbook and grading from any source. It is an art since grading is both a science and an art and inconsistent standard among different specialists. Then you HAVE to learn the difference between detail grade and condition to really get an idea of value. Two examples of the same coin variety with the same detail grade could differ by thousands of dollars due to condition such as rim nicks, corrosion, scratches, mutilation, holing and destructive cleaning attempts. (everything is considered cleaning by some and some consider the non destructive conservation OK).</p><p><br /></p><p>Anyway, studying grade and condition as well as scarcity will serve you well.</p><p><br /></p><p>Perhaps you might tell us what type of coins you are interested in for more specific help. You will find that copper, silver and modern clad coins each have peculiarities for their particular desirability. Toning is HUGE for silver and small cents, while corrosion is a huge issue for old coppers.[/QUOTE]</p><p><br /></p>
[QUOTE="Marshall, post: 812030, member: 21705"]I'm going to step back to the old days. S mint cents were scarce East of the Rockies and often carried a premium. This premium was from around 2 cents to 25 cents depending on the particular date. This was from the early 60s collector explosion. This information has not been updated by some who might be giving you advice. Now slabbing will cost about $25 so even common grade 1955-S cents just arent worth slabbing in common grades. Now when you find a coin whose price is expected to be higher because of High grade, rare date or valuable errors (remember not all errors add great value), then it will be valuable enough to consider slabbing. I second and third the advice on learning basic values from a redbook and grading from any source. It is an art since grading is both a science and an art and inconsistent standard among different specialists. Then you HAVE to learn the difference between detail grade and condition to really get an idea of value. Two examples of the same coin variety with the same detail grade could differ by thousands of dollars due to condition such as rim nicks, corrosion, scratches, mutilation, holing and destructive cleaning attempts. (everything is considered cleaning by some and some consider the non destructive conservation OK). Anyway, studying grade and condition as well as scarcity will serve you well. Perhaps you might tell us what type of coins you are interested in for more specific help. You will find that copper, silver and modern clad coins each have peculiarities for their particular desirability. Toning is HUGE for silver and small cents, while corrosion is a huge issue for old coppers.[/QUOTE]
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Grading Questions!??!?!?!!!!! Confusing
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